https://www.industryanalysts.com/012522_xerox_itt/
4 replies (most recent on top)
Even by Xerox recent standard that is spectacular, question for me is what to do with my pension, I
am in the UK which gives reasonable government protection and it is final salary, even so I am tempted to transfer.
Kodak was as adept at spinning abject failure to be success, not many years ago. There's your sign
If revenue is down 22% how come the company "Returned more than $1 billion to shareholders, close to double FY 2021 free cash flow" last year?
How much of that $1 billion was from denied 401k matching?
How much was from taking health insurance benefits from retirees?
How much was from forcing employees to pay for the overwhelming majority of health insurance premiums?
How much was from depriving employees of wage increases?
Where do horrible people like Carl & Johnny come from?
Let's hope there really exists a place where people burn for all of eternity.
They belong there.
In Xerox ‘s twisted doublespeak this will be portrayed as a good thing for shareholders as well as those employees who stand to be laid off.